$1,950,000 ($553.19 per sqft)

Pending

Est. Mortgage $9,605/mo *

Quick Pre-Approval

83 High Street, Boston, (Charlestown), MA, 02129

83 High Street, Boston, (Charlestown), MA, 02129

17 rooms

8 beds

3 Full baths

1880

3,525 sqft

Well located on High Street, this rarely available, solid, three-family building is just a few blocks from Monument Square and close to town center shops, restaurants and transportation. Investors, developers: this 3-unit dwelling is a prime investment or condo-conversion opportunity. Unit 1: this special 2BR/1BA unit features a private entrance, and spans 1000sf with a sun-drenched living/dining room. Units 2 and 3 each offer 1050sf, 3BR/1BA floor plates of bright living space with great entertaining flow. An unfinished basement with 1189sf offers potential for future development and features direct street access and five large windows. A large common roof deck with panoramic skyline/city views completes the building. All three units currently leased with a 5% cap rate at the current rent roll. Significant NOI upside, projected to exceed a 6.25% cap rate, through market-rate lease renewals. Two leases coming up.


Status:

Pending

Town:

Boston

Type:

Multi-family

Units:

3

Zoning:

Res-Multi

Heating:

Forced Air, Natural Gas, Baseboard

Cooling:

None

Basement:

Full, Walk-Out Access, Interior Entry, Concrete, Unfinished

Levels:

4

Parking:

On Street

Acreage:

0.03

Est. Taxes:

$19,038

Assessment

$1,521,100

Construction

Frame

Utilities

for Gas Range, for Electric Range, Varies per Unit

Lot Description:

Level

View Description:

City

Amenities:

Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Elementary School:

Bps

Middle School:

Bps

High School:

Bps

Appliances:

Washer, Dryer, Range, Dishwasher, Disposal, Refrigerator, Freezer

MLS #:

73515341


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Nancy Roth, Gibson Sotheby's International Realty 617-242-4222